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29965085
29965084

2195 Larkspur Ln, Redding, CA 96002

TJ
CA 01411003
Capital Rivers Commercial - Haedrich Group
Listed by Capital Rivers Commercial - Haedrich Group
$5,000,000
107 days on market
Updated 25 days ago

Larkspur Center

Details
Property Type Office
Sub Type Executive Office
Square Footage 29,632
Cap Rate 7.04%
NOI $351,358
Class A
Year Built 1997
Year Renovated 2023
Stories 2
Lot Size (SqFt) 75,489
Investment Type Core+

Office | 7.04% CAP | 29,632 SqFt

Marketing description

2195 Larkspur Lane is a ±29,632 square foot, two-story Class A professional office building located within Redding’s primary commercial and industrial corridor. Known as Larkspur Center, the property was built in 1997 and features modern architecture, elevator service, and flexible floor plates designed to accommodate executive suites, professional offices, and larger institutional or assembly users. The first floor is leased to established tenants including Dunamis Wellness and Modern Elite Venues, renovated in 2023. The second floor offers professional suites with mountain views and shared breakroom facilities. The property is offered as a stabilized investment at a 7% cap rate.

The property benefits from high visibility and ample on-site parking, with convenient access to major roadways including Interstate 5 and Highway 44. Located in a professional corridor, it is surrounded by established commercial services and within close proximity to restaurants, retail centers, and hospitality options. This location supports both employee and client accessibility with strong daytime traffic counts and regional connectivity.

Investment highlights

  • ±29,632 SF two-story class A office investment opportunity in Redding, CA.
  • Elevator-served building with shared restrooms and break room.
  • High-visibility corner with convenient on-site parking available.
  • Easy access to I-5, Highway 44, and nearby amenities.
  • 7% cap rate.
  • Virtual Tour: https://view.ricoh360.com/4b34d49c-9dc9-422f-b5c8-a196864c289b
  • Virtual Tour: https://view.ricoh360.com/33eb6ab6-0ef8-4dc9-9e35-a1d72a9b3f14

Listing Contacts

TJ
CA 01411003
Capital Rivers Commercial - Haedrich Group
Listed by Capital Rivers Commercial - Haedrich Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$351,358.00
$29,279.83/mo

Valuation Metrics

0
DSCR
7.03%
Cap Rate
7.03%
ROI

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Additional Information

Name
Tyler Jardine, CCIM
License
01411003
Brokerage
Capital Rivers Commercial
Brokerage Phone
5302211127
Title
Director of Sales and Leasing
Brokerage Address
280 Hemsted Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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